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Entry Planned Into $50 Billion Global Cleaning MarketIn direct response to the apparent failure of current cleaners and disinfectants to prevent the spread of illness, PEN Inc. (OTCQB: PENC)
is developing a new category of cleaning products intended to clean and
fortify surfaces at the nanoscale-level. Unlike traditional harsh
pesticide-containing disinfectants, PEN products will incorporate
natural elements and sustainable chemistry to keep surfaces safe. The
company's aim is to revolutionize the $50 billion global market for
industrial and institutional cleaning, which includes lodging, retail
outlets, and workplaces. The product is also ideal for the $80 billion
global household cleaning market."The news is filled with stories
of people being sickened on cruise ship vacations, amusement park
visits, and at other public venues," noted Scott E. Rickert, PEN's
Chairman, President and CEO. "This PEN product aims to redefine personal
health and safety, so consumers can stop worrying about germs and
disease every time they touch a restaurant table, airplane armrest, bank
ATM machine, or hotel room door." Dr. Rickert added, "Just as
important, the patent-pending product will use only safe, sustainable
ingredients -- no pesticides or harsh chemicals. In fact the primary
ingredient, as listed on the label, is a food additive." Dr.
Rickert also addressed the market opportunity. "I expect PEN's first
product to expand into a family of products to tackle the problem of
safe, healthy surfaces, worldwide. My vision for PEN is to harness the
vast potential of nanotechnology to create innovative, breakthrough
products for a global marketplace. In PEN we have both the R D
expertise and the commercialization experience to begin the process of
bringing this product to market."
About PEN Inc. (OTCQB: PENC)PEN
Inc. (PENC) is a global leader in developing, commercializing and
marketing enhanced-performance products enabled by nanotechnology. The
company focuses on innovative and advanced product solutions in safety,
health and sustainability. For more information about PEN Inc, visit www.pen-technology.com (http://www.pen-technology.com/). Source: PEN Inc. (http://my.mwnewsroom.com/pennewsroom/New-PEN-Inc-Surface-Cleaning-Product-to-Redefine-Personal-Health-and-Safety--11G032156-001)